CHF 127.795.564.17%

2116411 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 2116411 performance during a given time horizon utilizing its historical volatility. Please specify 2116411 time horizon, a valid symbol (red box) and a target price (blue box) you would like 2116411 odds to be computed. Check also Trending Equities.

2116411 Target Price Odds to finish over

Current Price

Horizon

Target Price

Odds to move above current price in 30 days

127.79

30 days

127.79

ROUGHLY 2.93%

Based on normal probability distribution, the odds of 2116411 to move above current price in 30 days from now is roughly 2.93% (This 2116411 probability density function shows the probability of 2116411 Fund to fall within a particular range of prices over 30 days) .

Assuming 30 trading days horizon, 2116411 has beta of -0.3564 . This suggests as returns on benchmark increase, returns on holding 2116411 are expected to decrease at a much smaller rate. During bear market, however, 2116411 is likely to outperform the market. Additionally The company has an alpha of 0.1821 implying that it can potentially generate 0.1821% excess return over DOW after adjusting for the inherited market risk (beta).